October 1, 2024
Minqi Li and Lingyi Wei look to the Chinese and U.S. economies to illustrate the contradictions of secular stagnation, concluding that both economies will likely face great challenges in the decades to come. However, they write, progressive economic policies could change China’s future, encouraging massive investment into the state sector and bringing about the transition to a fully socialist society.
September 1, 2024
Sylvia Martin reveals the deep linkages between U.S. universities and the military-industrial complex through the Department of Defense’s University Affiliated Research Centers. These programs utilize colleges and universities as research and development labs for the U.S. imperial war machine, blurring the lines between ostensibly independent institutions and the military academy and enabling the further expansion and normalization of the warmaking apparatus throughout U.S. society.
September 1, 2024
In this reprise from 1992, former MR editors Harry Magdoff and Paul M. Sweezy look toward the end of the recession then plaguing the United States, seeing choice looming on the horizon: Will the progressive left attempt to reform capitalism, or replace it entirely? Capital’s inexorable thirst for growth beyond natural limits, they write, means we must choose the latter—”if we care about the future of the human species…we had better listen to the ecologists.”
September 1, 2024
Reviewing Smitha Radhakrishnan’s Making Women Pay, Jingyi Zhang elucidates the exploitative practices of the much-vaunted microfinance industry, particularly as they apply to—and exacerbate—existing tensions within communities of women in India.
June 1, 2024
The Myth of Black Capitalism, Earl Ofari Hutchinson reflects on the relevance of his work more than fifty years after its initial publication. Even despite the promotion of wealthy Black individuals as model capitalists and COVID recovery schemes purported to help Black entrepreneurs, “Little had changed except the desperation of countless numbers of near penniless, distressed Black small business owners.”
May 1, 2024
As dangerous trans-Atlantic crossings between Africa and Europe continue to rise, Hannah Cross examines the roots of the ongoing crisis. The discussion around migration, she notes, “overlooks the imperial role of Europe and the United States over borders, migration regimes, regional (de-)integration, and national development projects within Africa.” The solution, therefore, can only be found through genuine liberation and autonomy across the continent, rather than internationally imposed mechanisms benefitting the powerful in the Global North.
May 1, 2024
The International Monetary Fund, part of the Bretton Woods Agreement that helped establish the current rules of the U.S.-dominated international capitalist system, claims to aim for a world of prosperity through so-called free trade. In Latin America, David Barkin and Juan Santarcángelo write, the IMF has contributed to the impoverishment of the working class and destruction of these countries’ ecological legacies. But what does the future hold for the IMF in Latin America?
May 1, 2024
In this reprise from September 2000, Harry Magdoff, John Bellamy Foster, and Robert W. McChesney look forward to the future of Monthly Review in the twenty-first century: “Despite mistakes, setbacks, and recognition that the road is long and arduous, we must not waver as we continue to study, educate, and be missionaries for the transcendence of the social system of capitalism and the development…of a society of equals.”
April 1, 2024
As populations worldwide grow older, politicians are clamoring to raise the retirement age, thus extending people’s working lives at their own expense. Using the lens of political economy, Cai Chao examines the false narratives behind capitalists’ claims that delayed retirement is necessary to maintain society’s productive capacity, and proposes solutions to promote human development at all life stages.
February 1, 2024
Benjamin Selwyn is a professor of international relations and international development at the University of Sussex. He is the author of The Struggle for Development (2017), The Global Development Crisis… READ MORE
